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Gahcho Kué diamond mine JV Mountain Province De Beers Canada NWT

More valuable diamonds found at Faraday 2

Mountain Province Diamonds Inc. April 11 reported an increase in the tonnage and grade of the diamond resource at the Faraday 2 kimberlite on the company's Kennady North project in Northw... — Updated 4/19/2019

 
 By Rose Ragsdale    News
Mountain Province Diamonds De Beers Gahcho Kué Kennady North NWT

Mine co-owner seeks diamonds next door

The quest for diamonds at the Kennady North project next door to the Gahcho Kué Mine in Northwest Territories got a boost on Feb. 27 when owner Mountain Province Diamonds Inc. reported p... — Updated 4/12/2019 Full story

 

Gahcho Kué churns out 60.6 ct yellow gem

Mountain Province Diamonds Inc. Jan. 31 announced that a 60.59-carat, fancy vivid yellow rough diamond recovered at the Gahcho Kué Mine in Northwest Territories will be included in a... — Updated 2/8/2019 Full story

 
Debeers Canada, Mountain Provinces diamond mines NWT

Gahcho Kué outlook: 20M carats over 3 yrs

Mountain Province Diamonds Inc. Nov. 27 forecast that the Gahcho Kué Mine in Northwest Territories will produce between 6.6 million and 6.9 million carats of diamonds in 2019 and the... — Updated 12/14/2018 Full story

 
 By Shane Lasley    News
Canada Territorial economic outlook, gold mines drive growth Nunavut

Mines drive growth across Canada's North

New gold mines are expected to drive strong economic growth in Nunavut and Yukon over the next several years, according to the latest Territorial Outlook published by The Conference... — Updated 11/30/2018 Full story

 
Mining Explorers 2018 Northwest Territories NWT mining and mineral exploration

Explorers guard 2018 spending

Explorers seeking new mineral discoveries in the Northwest Territories are expected to spend less in 2018 than the C$90 million they shelled out collectively last year. Natural Resources... — Updated 3/1/2019 Full story

 
Diamond Mine NWT

Excellent diamond grades for Gahcho Kué

Mountain Province Diamonds Inc. Oct. 23 reported that the Gahcho Kué Mine in Northwest Territories recovered 1.82 million carats of diamonds during the third quarter. Owned by Mountain P... — Updated 11/2/2018

 
De Beers acquisition of Peregrine Diamonds approved by shareholders

Peregrine shareholders approve takeover

Peregrine Diamonds Ltd. Aug. 31 reported that its shareholders have overwhelmingly approved the arrangement for De Beers Canada Inc. to buy the Nunavut-focused diamond explorer. In July,... — Updated 9/14/2018

 
 By Rose Ragsdale    News
NWT mining mineral exploration outlook, challenges opportunities

Territory stumbles in race for riches

Northwest Territories may fall behind Canada's two other territories in mining activity in the near-future, but projects underway in the northern jurisdiction hold substantial promise... — Updated 8/17/2018 Full story

 
De Beers Canada diamond mine project in Nunavut

De Beers agrees to buy Peregrine Diamonds

Peregrine Diamonds Ltd. July 19 announced that De Beers Canada Inc. has agreed to buy the exploration company in a cash deal worth roughly C$107 million. Under the terms of the... — Updated 7/27/2018 Full story

 
Newest diamond mine in Canada De Beers large gem diamonds

95-carat gem boosts Mountain Province sale

Mountain Province Diamonds Inc. June 28 reported US$30.3 million in proceeds from its latest sale of diamonds from the Gahcho Kué Mine. This is the fifth sale of 2018 and the Toronto-bas... — Updated 7/13/2018 Full story

 
 By Shane Lasley    News
Copper mining, Pembridge Resources

Mining fuels economic growth in the North

Mining is expected to fuel strong economic growth in Nunavut and Yukon in the coming years, according to The Conference Board of Canada's latest Territorial Outlook. "With many new... — Updated 5/11/2018 Full story

 
Northwest Territories diamond newest large diamond mine

Mountain Province buys Kennady Diamonds

Mountain Province Diamonds Inc. April 13 completed its acquisition of Kennady Diamonds Inc. in an all-share deal worth roughly C$176 million. Kennady Diamonds owns Kennady North, a... — Updated 4/27/2018

 

Margaret Lake plans for diamond drilling

Margaret Lake Diamonds Inc. March 12 said it is putting together plans for potential 2018 drill programs at its Margaret Lake and Diagras diamond properties in the Northwest Territories. The company said it has identified six drill... — Updated 3/23/2018

 

Kennady Diamonds eyes exploration targets

Kennady Diamonds Inc. Feb. 5 announced that crews have mobilized for a roughly 10,500-meter winter drill program at its Kennady North diamond project in Northwest Territories. Around 60... — Updated 2/16/2018

 

Mountain Province, Kennady Diamonds reunite

Mountain Province Diamonds Inc. Jan. 29 announced a definitive agreement to acquire Kennady Diamonds Inc. under a friendly all-share deal worth roughly C$176 million. Kennady Diamonds own... — Updated 2/9/2018

 
 By Shane Lasley    News

Mining Explorers 2017: Discovering NWT's mining future

With the opening of Gahcho Kué, Northwest Territories is reaping the rewards of past exploration spending across the vast diamond-rich expanse of northern Canada. In fact, the new... — Updated 1/24/2018 Full story

 

Mining Explorers 2017: Kennady Diamonds Inc.

Kennady Diamonds Inc. is a Toronto-based explorer focused on Kennady North, a rapidly advancing diamond project located about seven kilometers (4.5 miles) northeast of Gahcho Kué - a... — Updated 1/24/2018

 

TMAC makes headway; hires experienced COO

TMAC Resources Inc. Aug. 14 said its first drill program at the Boston deposit, located in the southern portion of its Hope Bay project in Nunavut, has cut high-grade gold mineralization over wide widths. "Since acquiring the Hope Bay Pr... — Updated 1/14/2018

 

Kennady honored for diamond exploration

Kennady Diamonds Inc. is co-recipient of the prestigious Mines and Money Exploration Company of the Year award for 2016, presented during the Mining Journal Outstanding Achievement... — Updated 12/11/2016

 

Kelvin diamond values similar to Gahcho Kué

Kennady Diamonds Inc. Nov. 15 reported the results of a valuation of 2,262.43 carats of commercial sized diamonds recovered from the Kelvin kimberlite at the company's Kennady North project in Northwest Territories. Belgium-based WWW... — Updated 1/29/2018

 

Mining Explorers 2016: Unlocking mineral potential in NWT

As the summer’s midnight sun gives way to aurora-filled winter night skies, seasons are once again changing in Canada’s Northwest Territories. And, much like the seasons, our... — Updated 2/3/2018 Full story

 
 By Shane Lasley    News

Mining Explorers 2016: Unlocking NWT's potential

While most mining jurisdictions have seen sharp drops in mineral exploration spending, such investments in Northwest Territories has largely held steady at about C$100 million annually... — Updated 2/3/2018 Full story

 
 By Shane Lasley    News

Mining Explorers 2016: Next NWT diamond mine emerges

With Canada's newest diamond mine looming on the horizon in Northwest Territories, crews at the Kennady North project about seven kilometers (4.5 miles) to the southwest, do not have far... — Updated 2/3/2018 Full story

 

Gahcho Kué off to a brilliant start

Mountain Province Diamonds Inc. provided its first quarterly production report Oct. 24 for the new Gahcho Kué diamond mine in the Northwest Territories. From the Aug. 1 start of ramp-up production to Sept. 30, the plant produced... — Updated 2/5/2018

 

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